Fighting Counterfeiting And Piracy

Law360, New York (July 22, 2007, 12:00 AM EDT) -- It is a common saying in the IP protection business that counterfeiting affects any business that owns a successful product.

In fact, sales lost to counterfeiting are estimated to exceed 6% of global trade. The United States economy alone loses billions of dollars annually through lost profits and sales tax avoided through unreported sales of counterfeit goods. Counterfeiting is not just a luxury goods problem. Counterfeiters also sell fake airline and automobile parts, drugs, electronics, computer servers, music recordings, and software.

Counterfeiting is akin to trademark...
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